Considering all the bad news and negative developments, shouldn't stocks be worse? Jim Cramer thinks that question demands attention. Dig down into the market, and Cramer says there are at least seven catalysts that should have given bears a field day.

The Time Warner/Fox deal points to one specific thing - the value of content in media, says Tim Armstrong, AOL chairman & CEO.

Over the next 18 months, proposed and pending mergers and acquisitions are going to completely change the media landscape. Even if only a few of them are completed, the impact will be felt across the value chain,

Bloomberg’s Guy Johnson reports on the $9B deal by Twenty-First Century Fox to sell European pay-TV assets to BSkyB and how it may play into the pursuit of Time Warner by Fox. He speaks on “Bloomberg Surveillance.”

The cost of living in the U.S. rose at a slower pace in June and home sales climbed to an eight-month high, showing the economy is generating little price pressure as growth accelerates.

The media giant 21st Century Fox, the empire run by Rupert Murdoch, made an $80 billion takeover bid in recent weeks for Time Warner Inc. but was rebuffed.